Remove tag Subsidies
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G20 Leaders Agree to Phase Out Fossil Fuel Subsidies

Green Car Congress

One of the outcomes of the meeting of G20 leaders in Pittsburgh this week was an agreement to phase out and rationalize over the medium-term inefficient fossil fuel subsidies while providing targeted support for the poorest. Many countries are reducing fossil fuel subsidies while preventing adverse impact on the poorest.

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BYD Auto To Begin Sales of F3DM Plug-in to Individuals

Green Car Congress

BYD dare not to open sales to the personal buyers without the subsidies from government.As Some insiders expect that the local government in Shenzhen will not rule out offering subsidies for residents buying BYD’s F3DM, so as to improve the development of electric cars. Tags: Brief.

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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). by Bill Cooke. M barrels/day of oil within the next 10 years ”. Billion vs. $28.3 Billion in 2008). Earlier post.).

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$3.8 Trillion FY 2011 US Budget Proposal Boosts Department of Energy Spending

Green Car Congress

billion in tax subsidies for oil, coal and gas industries. 100 million for industrial technologies. $55 Select EERE Programs and Financing (US$ millions). Industrial technologies. Tags: Policy Research. increase over FY 2010 estimates. This step is estimated to generate more than $38.8 2010 est. 2011 prop.

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China’s EV Subsidy

Revenge of the Electric Car

The two year program will start in five major cities later this year, and it is expected that the subsidies will be made available to buyers in other cities in the near future. Government Aims to Create Strong Domestic Industry but Generous Rebates Risk a Backlash as Rich-Poor Divide Grows. Read more in the Wall St. Japan and Europe.

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Enova Delivers Hybrid Drive Systems to First Auto Works for Hybrid Buses

Green Car Congress

The initiative will account for 5% of the automobile market, which is in accordance with China’s three-year development plan for the auto industry, released in February. China is offering subsidies in 13 trial cities, including Beijing, Shanghai, Changchun, Dalian and Shenzhen. Tags: Fleets Heavy-duty Hybrids Vehicle Systems.

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Subsidies for fossil fuels ‘ten times higher’ than renewables

Green Cars News

Subsidies for the fossil fuel industry dwarf those paid to encourage growth in the renewable energy sector, new research reveals. Tags: Biofuels Green credentials Bloomberg energy fossil fuels renewables research subsidies world.